Firetrail Investments PTY Ltd. Purchases Shares of 124,971 GXO Logistics, Inc. $GXO

Firetrail Investments PTY Ltd. acquired a new stake in GXO Logistics, Inc. (NYSE:GXO) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 124,971 shares of the company’s stock, valued at approximately $6,298,000. GXO Logistics accounts for approximately 1.8% of Firetrail Investments PTY Ltd.’s investment portfolio, making the stock its 24th largest position. Firetrail Investments PTY Ltd. owned approximately 0.11% of GXO Logistics at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Allworth Financial LP boosted its position in GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares during the last quarter. Chapman Financial Group LLC acquired a new position in GXO Logistics in the 2nd quarter worth approximately $34,000. Farther Finance Advisors LLC raised its position in GXO Logistics by 85.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after buying an additional 653 shares during the last quarter. Danske Bank A S acquired a new stake in GXO Logistics during the 3rd quarter valued at approximately $79,000. Finally, CIBC Private Wealth Group LLC lifted its stake in GXO Logistics by 201.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,621 shares of the company’s stock valued at $86,000 after acquiring an additional 1,083 shares during the period. 90.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Truist Financial cut their price objective on shares of GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Morgan Stanley upped their price target on shares of GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Oppenheimer set a $61.00 price target on GXO Logistics in a research report on Thursday, August 6th. Wall Street Zen lowered GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $58.00 to $65.00 in a report on Wednesday, May 27th. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $63.93.

GXO Logistics Stock Performance

GXO opened at $48.59 on Monday. The stock has a market cap of $5.57 billion, a P/E ratio of 43.00, a P/E/G ratio of 1.51 and a beta of 1.55. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a fifty day moving average price of $50.44 and a 200 day moving average price of $53.47. GXO Logistics, Inc. has a 1 year low of $45.40 and a 1 year high of $66.85.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.01. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%.The business had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.46 billion. During the same period in the previous year, the business earned $0.57 earnings per share. The business’s revenue was up 4.3% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. Equities research analysts anticipate that GXO Logistics, Inc. will post 3.06 earnings per share for the current year.

GXO Logistics Profile

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.